Boston, MA -- (SBWIRE) -- 08/20/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Northstar Realty Finance Corp. (NYSE:NRF), Dendreon Corporation(NASDAQ:DNDN), Education Realty Trust, Inc. (NYSE:EDR), RF Micro Devices, Inc. (NASDAQ:RFMD)
Northstar Realty Finance Corp. (NYSE:NRF) shares decreased 2.26% to $8.65. The company, on August 16, announced that NorthStar Real Estate Income Trust, Inc. ("NorthStar Income"), its first sponsored non-traded REIT, successfully priced a $531.5 million non-recourse, floating-rate CMBS transaction at a weighted average coupon of LIBOR + 2.68%. The CMBS transaction will initially be collateralized by $425.2 million of commercial real estate loans with the flexibility to contribute up to $106.3 million of additional commercial real estate loans within six months of closing. A total of $382.7 million of investment grade bonds will be issued, representing an advance rate of approximately 72%. The CMBS transaction is expected to close by the end of August.
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Dendreon Corporation(NASDAQ:DNDN) shares decreased 0.94% to $3.15. The company on August 8 reported results for the second quarter ended June 30, 2013. Net product revenue for the quarter was $73.3 million compared to $80.0 million for the quarter ended June 30, 2012, down 8.4% year over year and up 8.4% on a sequential basis. Net loss in the second quarter of 2013 was $68.8 million, or $0.45 per share, compared to a net loss of $96.1 million, or $0.65 per share for the same period in 2012.
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Education Realty Trust, Inc. (NYSE:EDR) stock declined 0.92% to $8.60. The company on July 29 reported higher funds from operations in its second-quarter to $11.84 million from the prior year's $9.80 million. Core Funds From Operations for the quarter was $14.5 million compared to $11.6 million in the prior year. Core FFO per share/unit for the quarter was $0.13, compared to $0.12 in the prior year. Total revenues for the quarter were $41.98 million, higher than last year's $32.31 million. Analysts expected the company to report earnings of $0.13 per share on consensus revenue estimate of $41.33 million.
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RF Micro Devices, Inc. (NASDAQ:RFMD) stock decreased 1.46% to $4.74 in the last trading session. The company on August 14 announced that all agenda items at RFMD's 2013 Annual Meeting of Shareholders were approved by the shareholders.
Additionally, the company on July 23 reported financial results for the Company's fiscal 2014 first quarter, ended June 29, 2013. Quarterly revenue increased approximately 4.4% sequentially and 45% year-over-year to a record $293.0 million, compared to $280.6 million in the prior quarter and $202.7 million in the corresponding period of fiscal 2013.
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